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Updated Jan. 27, 2001 6:01 a.m. ET

Toyota Will Start Auto Production at New French Plant

Japan's largest auto maker Toyota Motor Corp. will start production of its Yaris compact car at its newly built plant in Valenciennes, northern France next Wednesday. The plant is Toyota's second car factory in Europe. The other one is in Britain. Known as the Vitz in Japan, the Yaris is viewed by Toyota as a key product for its global business strategy. It will be manufactured outside Japan for the first time in France. Toyota said it sees European countries such as France, Italy and Spain as important markets and wants the start of Yaris production to be an...